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Balancing AI and Humans in Your RCM to Produce Clear ROI

Healthcare IT Today

As a healthcare leader, it’s your job to learn which RCM technology and AI solutions are really making an impact. They explain how it is really important with RCM to find the balance between using AI and knowing when the human expertise is needed to really make the process accurate and effective.

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Autonomous Medical Coding Engine Nym Announces $47 Million Growth Investment Led by PSG

Healthcare IT Today

As of 2024, over 200,000 medical coders manually handle this task, processing each chart individually. In August of 2024, Nym’s autonomous coding engine earned the Toolbox designation in Epic’s Showroom, specifically within the Fully Autonomous Coding category. Originally announced October 1st, 2024

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Healthcare Revenue Cycle Management – 2025 Health IT Predictions

Healthcare IT Today

Outsourcing will pivot to a more surgical, targeted strategy, focusing on high-impact, specialized areas like revenue integrity, underpayment recovery, and the more commonplace out-of-state Medicaid and small balance recovery work where RCM outsourcing supplements streamlined, automation-empowered teams instead of replacing them.

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Knack Global Acquires Anesthesia RCM Leader, Merrick Management, Inc.

Healthcare IT Today

Knack Global (Knack) , an industry-leading provider of tech-enabled, end-to-end revenue cycle management (RCM) solutions, is pleased to announce its acquisition of Merrick Management, Inc. Merrick’s management team will remain actively involved in leadership roles in Knack’s newly established Anesthesia Services division.

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R1 RCM to Acquire Acclara

Healthcare IT Today

Acquisition of Providence’s Current Modular Services Business Accompanied by 10-Year Agreement to Provide Comprehensive Revenue Cycle Management Services R1 RCM Inc. (R1) integrated delivery networks (IDNs), recognized for leadership in developing innovative delivery models and a commitment to technology. million shares of R1 stock.

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Weekly Roundup – June 8, 2024

Healthcare IT Today

This workflow should make both clinical and security leadership happy. When it comes to bringing AI to RCM, Austin Ward at Fathom recommended organizations consider automation rate, accuracy, EHR compatibility, adaptability, scalability, and vendor support. Read more… A Robot for Healthier, Happier Aging.

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A Look at the Changes in RCM that Are Happening Now and Changes that Need to Happen

Healthcare IT Today

At the past HFMA Conference, we reached out to our brilliant Healthcare IT Today Community to ask them two questions about change: What change in RCM (besides AI) is happening now that everyone should be watching and why? & What Change in RCM (Besides AI) is Happening Now that Everyone Should be Watching and Why?

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